Within a 2-hour time frame, as the trend shifts towards a decline, it is expected that XAU will have a downward price movement.
Note
In the 2-hour time frame, the current price is still below the Swichhigh peak, indicating that the market is still within a downward trend.Order cancelled
The price rises again and breaks the swichhigh to continue the uptrend
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.